Most Innovative Companies

Didi Chuxing

Didi Chuxing (formerly Didi Kuaidi) is a Chinese transportation company that connects users of its smartphone apps with vehicles and taxis for hire. The ride-hailing startup was formed in February 2015 when China’s two largest players in the space, Didi Dache and Kuaidi Dache, announced a $6 billion merger. With 7.43 billion rides completed in 2017, Didi Chuxing has quickly become China’s premier ride-hailing service. Founded by Cheng Wei, Zhang Bo, and Wu Rui, the company caters to more than 450 million users and has established partnerships with seven of the world’s top ridesharing companies: Grab, Lyft, Ola, Uber, Careem, 99, and Taxify. As part of its mission to “redefine the future of mobility,” the company aims to use AI technology to help improve and evolve the transportation industry. It introduced DiDi Labs in Mountain View, California, an initiative meant to specialize in the expansion of AI-based driving services and security. DiDi has also elevated conventional ride hailing by offering anything from car rental services and bike sharing to “DiDi Designated Driving,” a service specialized for commuters and partygoers. To continue development on its smart driving technology, DiDi launched the GAIA Initiative worldwide in January to amass anonymized data from its vehicles to improve transportation infrastructure.

2018: China
2017: China
2016: China
headquarters: Beijing, China
Competition: Uber